AMU amadeus energy limited

btw skitzo. What about the cap and collar? (That so conveniently...

  1. 3,849 Posts.
    btw skitzo. What about the cap and collar? (That so conveniently stopped AMU from getting much benefit at all from $147 oil)

    Wasn't that put in place by Management/Wells so as to ensure they would have a minimum level of cashflow so as to allow the debt servicing?

    If not then why is it there costing the Co/shareholders exposure to high oil prices?

 
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